NVIDIA announces layoffs
Post by Jenny , 2008-09-21 20:23:35 Source： FiringSquad Editor：JennyTags： NVIDIA，layoff
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NVIDIA has announced that they will be reducing their head count by 360 employees。
Citing "current business realities" NVIDIA has announced that they will be reducing their head count by 360 employees, or 6.5% of the entire workforce worldwide. NVIDIA says the cuts will allow them to continue to investment in strategic growth areas. The reductions will be completed by October 26th and will cost the company $7-$10 million in order to take care of severance packages and related expenses for the affected employees.
